Indian sports economy crosses $2 billion mark; cricket accounts for 89% | More sports News
File photo of the IPL trophy. India’s sports economy crossed the $2 billion mark for the first time, increasing by 13.4% year-on-year to reach $2.13 billion (Rs 18,864 crore). The industry has doubled in size in four years, accounting for an approximate 19% CAGR. Cricket accounts for 89% of total recorded receipts, up from 85%…